Form 990 for tax year 2024

What the amendment changed

Compared with the latest return for 2024 , filed 14 October 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue

$353,531 →changed to $396,381

Total expenses

$423,608 →changed to $395,331

Grants paid

$67,777 →changed to $39,500

Other revenue

-$50,120 →changed to -$7,270

Total assets, end of year

-$67,531 →changed to $20,579

Total liabilities, end of year

$3,107 →changed to $4,605

Net assets or fund balances, end of year

-$70,638 →changed to $15,974

Program services expenses

$268,485 →changed to $201,947

Management and general expenses

$138,693 →changed to $126,834

Fundraising expenses

$16,430 →changed to $66,550

Program service expenses (Part III)

$268,485 →changed to $201,947

Totals

Total revenue

$353,531

Total expenses

$423,608

Contributions and grants received

$403,651

Grants paid

$67,777

Program service revenue

$0

Investment income

$0

Other revenue

-$50,120

Total assets, end of year

-$67,531

Total liabilities, end of year

$3,107

Net assets or fund balances, end of year

-$70,638

Program services expenses (Part IX)

$268,485

Management and general expenses

$138,693

Fundraising expenses

$16,430

Program service expenses (Part III)

$268,485

Program services were 63.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Mission and programs · 2024

• AQUME Foundations General Operations supports our general operating commitments.Operate in Excellence leadership cultivation,(a program that creates greater comfort for Black leaders operating at C-Suite levels to improve intrapersonal skills, and executive compentencies to professionally shift organizations from under-resourced operations into robust, thriving organizations with increased access to sustainable financial resources), our annual events: 5K Health is Wealth community event, Game Night and Community Free Skate for families to experience joy and build meaningful connections. Our Fiduciary program provides both Project-Specific and Comprehensive fiscal sponsorships that build the capacity of Black leaders leading charitable projects that strive for ecomonic and racial justice and meaningful community transformation. Project-Specific administrative support services are limited to services necessary for receiving and overseeing project sepecific funds, and

  Expenses $155,580

• AQUME Foundations OUR JUSTICE grant fund leads with innovation and invests in our Black-led organizational missions and community projects that benefit Black people. OUR JUSTICE grant fund awarded ten $2,500 grants to eligible organizations during our 2024 funding cycle. Our community sponsorship of $2,500 distributed to five organizations with each organization receiving $500 directly supports Black leaders and grassroots projects commited to uplifting Black communities. These funds help strengthen local initiatives, foster leadership development, and provide vital resources that address community needs, celebrate Black culture, and advance equity-driven solutions. Our Gold Scholar program is based on our community trust-based philanthropy model, our merit-based program awards two Black students with $1,000 each to support non-traditional college expenses within the first year of college. Our annual scholarship program promotes equity and helps alleviate the

  Expenses $80,687 · Grants $67,777

• AQUME Foundations Philanthropy Looks Like Me social enterprise program serves greater Grand Rapids area youth and guides a cohort of middle school and high school students through a ten-week program where student entrepreneurs learn how to build a business, generate revenue, and experience the philanthopic impact of collectively giving back to their communities in correlation with the quadruple bottom line of people, planet, profit, and purpose.

  Expenses $32,218

• (cont pg2) AQUME Foundations Our Justicepressures of pre-semester college expenses by sending awarded funds directly to the student.

• (cont pg2)AQUME Foundations General Operationsthe distribution of Project-Specific funds, whereas our Comprehensive fiscal sponsorship benefit from a suite of administrative services which include, but not limited to bill payments, vendor payments, monthly grant fund(s) expense tracking and grantee reporting, etc.

As filed on the 2024 return.

Listed in Part VII

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type

form_990

Tax year

2024

Filed

22 June 2025

IRS schema version

2024v5.1

Source object

202511969349300001

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